The CPI based inflation has moderated and it has fallen within the RBI’s target range of 4% +/- 2% after a gap of two months. The headline CPI inflation wasreported at 5.59% for the month of Jul’21 as compared to 6.26% for the preceding month and 6.73% during the year ago period. The easing in […]
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Monetary Policy: Market sniffs an approaching normalization …
In the monetary policy review by the RBI, all the key rates have been left unchanged. This is on expected lines, and RBI continues to lay accent on the need to sustain growth in preference to price stability, and therefore, an accommodative policy. Inflation is still very close to the RBI’s target range, though a […]
